Edition:
United States

Apple Inc (AAPL.O)

AAPL.O on Nasdaq

153.57USD
12:02pm EDT
Change (% chg)

$-0.30 (-0.20%)
Prev Close
$153.87
Open
$154.00
Day's High
$154.24
Day's Low
$153.45
Volume
6,832,403
Avg. Vol
26,490,180
52-wk High
$156.65
52-wk Low
$91.50

Latest Key Developments (Source: Significant Developments)

Nokia CEO says Apple patent deal "makes sense"
Tuesday, 23 May 2017 06:17am EDT 

May 23 (Reuters) - Nokia Oyj ::CEO Rajeev Suri tells Nokia's annual general meeting on Tuesday that the patent license agreement with Apple <<>> "makes sense, it is a good deal for Nokia"."It gives us a significant immediate cash payment and additional revenues over time... it strengthens our profitability."."It supports our strategy to expand to new markets by establishing Nokia as a deeply embedded strategic supplier of IP routing and optical networking products and services to Apple".  Full Article

Target CEO on conf call- in early stages of implementing efforts to reestablish everyday price credibility
Wednesday, 17 May 2017 10:32am EDT 

May 17 (Reuters) - Target Corp :CEO on conf call- "our results are not where we want them to be".CEO - in the early stages of implementing merchandising and marketing efforts to improve value perception with guests and reestablish everyday price credibility on key items.CEO- opened 4 new small format locations in Q1.COO- pilot of Target Restock will begin rolling out to Twin Cities REDcard holders this quarter.COO- for Target Restock pilot, guests will have access to more than 8,000 items.COO- new small format stores generate more than double the per foot sales productivity of larger format stores.COO- we are seeing double-digit comp increases on average for the 10 mature small-format stores so far this year.COO- Victoria Beckham baskets were more than twice the size of Target's average transaction.Exec- macro factors slightly drove some of the acceleration in March and April.Exec- electronics benefited from healthy growth in apple watch and iphone; Q1 electronics delivered a mid-single-digit comp sales increase, the strongest in 3 yrs.Exec- Q1 low single-digit comp declines for food & beverage.Exec- launching new brand this month - Cloud Island, a new exclusive line of nursery decor, bedding, bath and layer products.Exec- "we're continuing to sharpen our (grocery) price and our value messaging, at the same time, and make sure that we move to a more regional based pricing, localized pricing".  Full Article

Apple to offer two-part potential euro-denominated notes
Wednesday, 17 May 2017 06:10am EDT 

May 17 (Reuters) - Apple Inc :Apple Inc - to offer two-part potential euro-denominated notes - SEC filing.  Full Article

Berkshire Hathaway raises share stake in Apple Inc
Monday, 15 May 2017 05:50pm EDT 

May 15 (Reuters) - Berkshire Hathaway Inc :Berkshire Hathaway Inc raises share stake in Apple Inc to 129.4 million shares from 57.4 million shares - sec filing.Berkshire Hathaway Inc cuts share stake in Wabco Holdings by 13.7 percent to 2.9 million shares.Change in holdings are as of march 31, 2017 and compared with the previous quarter ended as of dec 31, 2016.  Full Article

Greenlight Capital quadruples stake in General Motors to 54.8 mln shares
Monday, 15 May 2017 04:20pm EDT 

May 15 (Reuters) - Greenlight Capital :Greenlight Capital reports share stake of 54.8 million shares in General Motors versus share stake of 13.2 million shares - sec filing.Greenlight Capital Inc cuts share stake in Apple Inc by 31.6 percent to 4.0 million shares.Greenlight Capital Inc cuts share stake in IAC/Interactive corp to 701,482 shares from 937,496 shares.Greenlight Capital Inc - change in holdings are as of March 31, 2017 and compared with the previous quarter ended as of Dec 31, 2016.  Full Article

Voip-Pal.Com plans to increase damage demands in lawsuits versus Apple, Verizon and AT&T
Monday, 15 May 2017 05:00am EDT 

May 15 (Reuters) - Voip-Pal.com-:voip-pal.com announces plans to increase damage demands in lawsuits versus Apple, Verizon and AT&T.voip-pal.com -revised total damages sought by Voip-Pal from Apple would rise from more than two billion dollars to more than twenty-five billion dollars.voip-pal.com - Current damages sought from Verizon of more than two billion dollars would increase to over seventeen billion dollars.voip-pal.com -Current damages sought from AT&T would increase from more than one billion dollars to over thirteen billion dollars.  Full Article

Apple awards Corning first advanced manufacturing fund investment
Friday, 12 May 2017 06:00am EDT 

May 12 (Reuters) - Apple Inc -:Apple awards Corning first advanced manufacturing fund investment.Apple Inc - Apple has committed to investing at least $1 billion with us-based companies as part of fund.Apple Inc - Corning Incorporated will receive $200 million from apple's new advanced manufacturing fund.Apple Inc - investment will support corning's research and development, capital equipment needs.  Full Article

AAC Technologies comments on report about company's financial performance
Thursday, 11 May 2017 02:09am EDT 

May 11 (Reuters) - AAC Technologies Holdings Inc <2018.HK>:noted a report circulating in investment community on 11 may 2017 about company's financial performance and corporate governance..denies allegations in report and considers information contained therein to be inaccurate and misleading.."shareholders of company and potential investors are advised to exercise caution when dealing in shares of company.".confirms it is not aware of any information which must be announced to avoid false market in cos' securities.  Full Article

Apple Inc publishes 2016 Conflict Minerals report
Friday, 5 May 2017 08:25am EDT 

May 5 (Reuters) - Apple Inc ::Apple Inc publishes 2016 Conflict Minerals report.Says in 2016 all smelters in its supply chain participated in an independent third-party conflict minerals audit.Says as of Dec 31, 2016, 96% of smelters in Apple’s supply chain had completed their audit and 4% were in the process of completing one.Says at end of 2016 there were 250 smelters in its supply chain providing minerals used in its products including gold, coltan, cassiterite, wolframite, tantalum, tin, and tungsten.Says urged smelters in its supply chain to complete the audit process & removed those unwilling to participate in an independent third-party conflict minerals audit.Says in 2016, it directed removal of 22 smelters not willing to participate in or complete conflict minerals audit by company's deadline.Says believes continued pressure on smelters removed from supply chain previously for not participating in audit led to some smelters joining such programs in 2016.Says in 2016, reviewed over 1,300 incidents, including human rights and security concerns, from reports generated through mining-industry body ITRI, local NGOs, and other reports.Says 15 incidents potentially linked to smelters in supply chain occurred in which potential members of “armed groups” – as defined by Apple - were alleged to be involved.Says with respect to the 15 incidents identified, it has not to date been able to determine whether conflict minerals were included in Apple’s products.  Full Article

Apple Inc files for pricing of $7.0 billion
Friday, 5 May 2017 06:48am EDT 

May 5 (Reuters) - Apple Inc : :Apple inc files for pricing of $7.0 billion , six-part notes offering .  Full Article

More From Around the Web

Taiwan stocks flat ahead of holidays; TSMC dips

TAIPEI, May 26 Taiwan stocks stayed flat on Friday in cautious trading ahead of a long weekend holiday, dampened by falls in tech heavyweights such as Taiwan Semiconductor Manufacturing Co (TSMC).